Trisura Specialty Insurance Company Review 2024

Trisura Specialty Insurance company
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    Since specialty insurance is designed to address unique or specialized risks that are not typically covered by standard insurance policies, having a good specialty policy is important, and that is where Trisura Specialty Insurance comes in.

    If you own a business and looking for this type of insurance coverage, Trisura specialty insurance is a good option for you. Individuals as well are also suitable for this kind of coverage policy.

    Overview Of Trisura Specialty Insurance Company

    Trisura Specialty Insurance Company is a newly created U.S.-based insurance provider that underwrites property and casualty insurance. The company is a subsidiary of Trisura Group Ltd, a top Canadian insurance company that also runs surety and warranty services.

    Trisura Specialty Insurance Company was established in 2017 and is headquartered in Oklahoma City, Oklahoma.

    The company focuses on niche markets, to offer tailored insurance solutions to meet the unique needs of its clients.

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    Trisura Specialty Insurance coverages

    Casualty Insurance

    Trisura casualty insurance policy helps protect you against risks that may occur from your day-to-day business activities like property damage and personal injury. Their casualty insurance policy gives you flexible solutions to tackle the enormous potential risks your business may suffer.

    Trisura offers two casualty insurance plans: Commercial and Umbrella and Excess Liability.

    • Commercial: This plan covers the basic insurance products and services. Depending on your choice, you can customize the package to best fit your company’s specific needs.
    • Umbrella and Excess Liability: The Umbrella and Excess Liability is like a pro plan that adds more coverages to the existing commercial package. These policies ensure that organizations are protected from coverage gaps and catastrophic events that could be financially devastating.

    Cyber Insurance

    Trisura offers coverage for your business against cyber attacks from network security breaches. This coverage includes expenses related to breach notification, extortion threats, public relations, credit monitoring, forensic investigation, defense costs, and the costs of judgments or settlements.

    With Trisura, navigating around the process is simple.

    Directors & Officers Liability Insurance

    In the event of a corporate officer or director being sued for wrongful acts while with the company, Trisura Directors & Officers Liability Insurance policy can help cover the damages and defence costs.

    Their DBO policy is aimed at providing solutions to both private and public corporations.

    Employment Practices Liability Insurance

    Trisuara Employment practices liability (EPL) insurance helps protect your business from financial losses resulting from lawsuits related to employment-related issues.

    Kidnap, Extortion & Ransom Insurance

    Trisura Extortion, kidnap, and ransom insurance include access to an emergency response team empowered to safely repatriate the victim(s) through professional communication with the kidnappers and expert negotiation of ransom and safe release.

    If you do business in areas where kidnapping and extortion are common, Trisua specialty Kidnap, Extortion & Ransom Insurance is sure to give you the coverage you need. The company partners with industry leaders to ensure companies are covered from such perils.

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    Crime Insurance

    Trisura Crime insurance helps protect your business from financial losses caused by various criminal activities by employees. At Trisura, claims experts are equipped with the tools and expertise to guide claim adjusters regarding current losses.

    Professional Liability Insurance

    This policy provides protection for professionals from financial losses resulting from claims of negligence, errors, or omissions in the services they provide. Irrespective of the claims, Trisura professional liability insurance products offer the flexibility to meet your particular professional needs.

    Technology Insurance

    Trisura Technology insurance is designed to ensure the protection of your business software and networks against harm. Their technology insurance includes support services such as consulting and programming. This plan covers U.S. or Canadian-based accounts with international exposures.

    Association & Affinity Insurance

    Trisura Association and Affinity Insurance feature the flexibility needed to craft solutions that meet your unique business needs.

    Fronting Solutions

    For your fronting solutions, Trisura’s fronting team will work closely with you to develop a customized plan that provides effective coverage and supports your overall business strategy.

    Trisura Specialty Insurance Company phone number

    Requests for further information access to personal information or complaints or claims, reach out to Trisura’s Chief Privacy Officer at:

    Phone: (416) 607-2127
    Fax: (416) 214-9597

    Trisura specialty insurance address

    Trisura specialty insurance address is at:

    • Oklahoma City
    • 210 Park Avenue, Suite 1300
    • Oklahoma City, Oklahoma
    • 73102

    Other regional office addresses:

    Stamford

    2 Stamford Plaza,
    Suite 1504
    281 Tresser Boulevard
    Stamford, Connecticut
    06901

    Denver

    1801 Wewatta Street,
    Suite 975
    Denver, Colorado
    80202

    Trisura A.M best ratings (According to A.M Best)

    Trisura Insurance Company has an A- (Excellent) financial strength rating from A.M. Best. This rating indicates that the company has a strong ability to meet its ongoing insurance obligations. The company also has a long-term issuer credit rating of “a-” (Excellent).

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    Pros

    • Strong financial foundation
    • Wide range of products and services
    • A dedicated team of underwriters and insurance experts

    Cons

    • Relatively new company
    • Not as well-known as some other specialty insurance carriers
    • Not available in all states

    Conclusion

    The decision of whether or not to purchase specialty insurance from Trisura is a personal one. Since this type of insurance is generally expensive, it is mostly recommended for businesses posed with significant risks.

    However, if you are on a budget and feel your business isn’t susceptible to dangers, then Trisuara specialty insurance is not really worth it.

    Overall, with their depth of expertise and a commitment to exceptional, personalized service, Trisura Specialty Insurance Company is the provider you can count on for your customized specialty insurance solutions.

    Frequently Asked Questions (FAQS)

    How do I contact Trisura Specialty Insurance for inquiries or to purchase a policy?

    You can typically reach out to Trisura through their official website or contact their customer service or sales team by phone or email. You can also walk into any of their U.S. regional offices.

    What types of insurance does Trisura Specialty Insurance Company offer?

    Casualty, Cyber, Directors & Officers, Employment Practices, Kidnap, Extortion, Ransom, Crime, Professional Liability, Technology, Association and Affinity, and Fronting solutions.

    Who can benefit from Trisura’s insurance products?

    Trisura’s insurance solutions are designed to serve a diverse clientele, including businesses, professionals, and organizations in various sectors and industries.

    Is Trisura financially stable and reputable?

    Yes, their A- (Excellent) financial strength rating from A.M. Best, shows that the company has a strong ability to meet its ongoing insurance obligations.

    Can I get a customized insurance solution from Trisura Specialty Insurance to meet my specific needs?

    Yes, Trisura offers tailored insurance solutions for businesses or individuals with unique requirements.

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